Thursday, October 4, 2007

LDK Stops Out at $53.28... Hands Us 95.88% Gain

LDK Solar finally closed below our $55.46 trailing stop yesterday, at $53.28... which of course was 25% off the previous closing high of $73.95, hit back on September 26.

Again, LDK Solar is dropping from the Evergreen Portfolio effective this morning.

We bought the stock at $27.20. So while we stopped out of the position, we did book a solid 95.88% gain on the position.

Our next investment will be coming soon.



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